Lucid Group (LCID) Prices $1B Convertible Senior Notes Offering

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Go back to Lucid Group (LCID) Prices $1B Convertible Senior Notes Offering

Lucid Group, Inc. Prices $1,000,000,000 Convertible Senior Notes Offering

April 3, 2025 12:30 AM EDT

NEWARK, Calif., April 3, 2025 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID) today announced the pricing of its offering of $1,000,000,000 aggregate principal amount of 5.00% convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The issuance... More